Banking

Stifel Financial Near Buy Point; Earnings On Deck

With its next earnings report scheduled for around July 29, Stifel Financial (SF) is trading approximately 10% below a 72.30 buy point. The entry is based on a second-stage consolidation.




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Be aware that buying a stock close to earnings is risky, since an EPS or sales miss could send it sharply lower. You can minimize your risk by waiting to see the actual numbers and the market’s reaction.


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Regarding top and bottom line numbers, Stifel Financial has posted two quarters of accelerating earnings growth. Sales gains have also increased over the same time frame.

Analysts are looking for earnings-per-share growth of 31% for the quarter, and 21% growth for the full year.

The company has a 99 Composite Rating and earns the No. 1 rank among its peers in the Finance-Investment Banking/Brokers industry group. Jefferies Financial Grp (JEF) is also among the group’s highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

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